Playtime Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1.1 million. Each machine has a five-year life and zero residual value. The two products have different pattems of predicted net cash inflows. (Click the icon to view the data.) d Calculate the toy action figure project's ARR. If the toy action figure project had a residual value of $175,000, would the ARR change? Explain and recalculate if necessary. Does this investment pass Playtime's ARR screening rule? ELLE First, enter the formula, then compute the ARR of the toy action figure project. (Enter amounts in dollars, not millions. Enter your answer as a percent rounded to two decimal places.) Accounting rate of retur rod da Data table pro e? and sandbox toys. The products require different specialized m Annual Net Cash Inflows - e ARR Toy action figure Sandbox toy Year project project com Enter y Year 1.. $ 332,000 $ 500,000 Year 2.. 332,000 390,000 Year 3... 332,000 330,000 Year 4.. 332,000 260,000 332,000 50,000 Year 5....... $ 1,660,000 $ 1,530,000 Total Playtime will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8%. Print Done